Category Archives: HedgeCo News

Hedge Fund Founder Says FCC Ruling On LightsSquared Jeopardizes Private Innovation

New York HedgeCo.net) – On February 14, 2012, the Federal Communications Commission (FCC) moved to bar LightSquared’s planned national broadband network saying it would interfere with current GPS services. “From day one, it has been my vision to build a […]

Ken Griebell Joins Hedge Fund Ramius

New York (HedgeCo.net) – Ken Griebell has joined Ramius LLC, the global alternative investment management business of Cowen Group, Inc., in New York as a Director. In this newly created role, Griebell will expand Ramius’ marketing and distribution activities for […]

Survey: Hedge Fund Allocations to Increase in 2012

New York (HedgeCo.net) – A new survey by AlphaMetrix Global Marketplace found that a majority of investors in hedge funds, commodity trading advisors and private equity funds expect to increase their allocations to those private investments in 2012. More than […]

Morgan Stanley’s David Darst To Headline at Brazil Hedge Fund Forum

New York (HedgeCo.net) – The second annual Hedge Fund Brazil Forum, a South America focused international meeting of hedge fund managers and investors, is being held this year at the Copacabana Palace Hotel in Rio de Janeiro between the 6th-7th March. As […]

Koch Industries Sued For $21.5 Million In Madoff Hedge Fund Fraud Case

New York (HedgeCo.net) – Koch Industries is being sued in relation to the biggest Ponzi scheme in U.S. history. The hedge fund fraud that Bernie Madoff pulled off received money from a Koch feeder fund, according to Irving Picard, the Trustee for the liquidation of […]

Hedge Fund Manager Accused Of Obtaining Insider Information From Google

New York (Hedge Co.net) – Hedge fund manager Douglas Whitman and his California-based firm have been charged by the SEC with illegally profiting from insider tips on Google and Polycom, making $980,000 in the process. The SEC alleges in a complaint dated February 10, […]

Fundspire Envelops Growth in the Hedge Fund Cloud

New York (HedgeCo.net) – Fundspire, a cloud-based technology provider of performance analytics and reporting for the hedge fund industry, announced record revenue as well as significant client, product and employee growth in 2011. “We are very pleased to have had […]

Hedge Fund People: Tim Ridley Joins GlobeOp

New York (HedgeCo.net) – $173 billion hedge fund GlobeOp Financial Services has appointed Tim Ridley to its Cayman Islands subsidiary board. Ridley, the former chairman of the Cayman Island Monetary Authority (CIMA) and a former senior partner of Maples and Calder, was […]

Event-driven hedge funds up 3.54% in January

New York (HedgeCo.net) – Hedge funds ended a two-month losing streak, profiting from the January market surge. The Hedge Fund Intelligence Global Composite Index rose 1.27%. The equity market rally handily exceeded hedge fund returns, however, with the MSCI World Index (net) […]

Hedge Fund Gala: Open Your Heart to the Children Benefit 2012

New York (HedgeCo.net) – Former New York Yankees Manager Joe Torre will receive the “Hedge Funds Care Founder’s Award” at the 14th Annual New York Open Your Heart to the Children Benefit, it was announced today by Hedge Funds Care, […]

UCITS Hedge Funds up 1.37% in January

New York (HedgeCo.net) – The UCITS Hedge Fund Alternative Index Global is up 1.37% in January, after a performance of -3.64% in 2011. The Fund of Funds Index is up 0.18% after finishing the year 2011 down -5.25%. All strategies […]

Hedge Fund Manager Sal Naro Launches Coherence Capital Partners LLC

New York (HedgeCo.net)  – Sal Naro, former co-managing partner of hedge fund Sailfish Capital, a $4.4 billion asset management firm with approximately $2 billion in hedge fund assets, is announcing the launch of Coherence Capital Partners LLC. “Coherence will look […]